Aggressive Buyers Pursuing Collector Coins
February 25, 2013
The metals are showing signs of recovery today after last week's major correction. Gold is back up to $1,590 with Silver just over $29. Platinum has been running ahead of Gold for several weeks and is currently at $1,613. Proof Gold Eagles are at $1,775 an ounce wholesale in OGP. Proof Silver Eagles are holding steady at the $60 mark. Demand remains very strong for the 2009 UHR with dealers paying at least $2,350 for original packaging. Circulated Silver Dollars have dropped slightly of late; now at $31,750 for one thousand in Very Good condition.

This week's LD Wholesale Market Dealer Price Guide includes a massive number of modifications. Many of these are a result of recent auctions where dealer and collector buying have been very aggressive. Many of these adjustments are higher although the majority of the decreases are very close to previous levels, an indication that the market is steady to stronger at current levels. The 1793 Half Cent in AU53 is now at $26,750 Market, while the 1836 Half Cent in PR64 Brown is $7,550. In Large Cents, the 1798/7 has increased to $16,750 in AU58 and the 1855 in PR66 RB is now a higher $25,500.

Both Indian and Lincoln Cents have been very active the last month. The following coins have adjusted recently.